Least two shooters opened fire, two boys were killed, the younger one just 11 years old. Began flashes lighting up the night showing the moment that two boys were gunned down in the parking lot of a Union City Elementary school. I heard for or five bangs, it was super loud. This Security Camera captured what happened. In the video you see two pairs of headlights, a vehicle on the right and then two people opened fire and the van takes off and crashes into a tree in the parking lot of searles elementary school, a memorial sits outside of the school. It was shocking knowing that they were that young, most likely not even in high school, not onan adult yet. We are heart broken and outraged that the lives of an 11 and 14 year old were taken away from their friends and their families. We have no idea if in fact they were started or if they were there to meet somebody. Union city motive is unclear investigators are trying too build a time line leading up to the shooting. We do not know how l
Identity fraud is a hugely important problem. Today, criminals have tools at their disposal to get at sensitive Consumer Financial data. Complicated situation and that we get briefings like wheree i just received you go through just how massive the problem is and the techniques that are available. We realize that mentioning them in public is not a wise thing to do. This puts us in a tough situation. And thell of my Members Committee and their staff to get those briefings from members to our testifying today to see how big a problem this is. It is costing us a lot more than we think. Toolsare large numbers of that people use. These intrusions are only becoming more sophisticated. In the news this week there was synthesizer voice from anke instructions employee who thought it was his boss. That will accelerate as the Technology Gets more advance. The stakes in this are a enormous. Financial services at the front lines of this attack. It can be used for something to do Identity Fraud. It
Future now becky quick. Criminals are hacking their way in andrea day has more. Its brazen its in broad daylight in front of hundreds of people. Take a close look at this atm attack caught on camera. The images obtained by the secret service and according to the agency the guys you see in uniforms are criminals grabbing loads of cash. What left this seasoned investigator stunned how normal it is and how common it was. We know for a fact that atm crime and fraud does cost the Banking Industry and Service Industry millions of dollars a year no one really wants to talk about that theyd rather not have them think their atms arent safe recent attacks cost banks more than 3. 5 million in a few months but theyre the beginning of a new wave heating up overseas. Its just a matter of time. He says the secret service has been investigating Training Camps located outside of the United States with kingpins organizing new recruits. Are you saying theyre bringing them in and training them and then le
Background sounds. [background sounds] the task force will not come to order. The chair is authorized to declare recess of the committee any time that went out objection. There authorized to participate inconsistent we put the practice. Challenges and opportunities. The chair will now recognize himself performance for an opening statement. Thank you everyone for joining us today for what should be a very interesting hearing on the task force to explain the dangerous threat of Identity Theft. Ai is making it easier. How we can safeguard one of the most important things to have in our Digital Economy. That is our identities. Identity fraud is the usually important problem. In 2018 alone, almost 15 billion is estimated to have been stolen from us consumers online. If this doesnt include the more indirect future cost of having a compromise identity. Today criminals have lots of tools. They get sensitive Consumer Financial data, and there is a complicated situation that a member of Congress
Background sounds. [background sounds] the task force will not come to order. The chair is authorized to declare recess of the committee any time that went out objection. There authorized to participate inconsistent we put the practice. Challenges and opportunities. The chair will now recognize himself performance for an opening statement. Thank you everyone for joining us today for what should be a very interesting hearing on the task force to explain the dangerous threat of Identity Theft. Ai is making it easier. How we can safeguard one of the most important things to have in our Digital Economy. That is our identities. Identity fraud is the usually important problem. In 2018 alone, almost 15 billion is estimated to have been stolen from us consumers online. If this doesnt include the more indirect future cost of having a compromise identity. Today criminals have lots of tools. They get sensitive Consumer Financial data, and there is a complicated situation that a member of Congress